Good morning, and welcome to the u. S. Chamber of commerce and to launch, the space economy, our Second Annual space summit. Events such as this are a team effort and we deeply appreciate the support of our sponsors, boeing, northrop, rocket lab, oneweb, hawkeye 360, and ascend. We have been businessy over the past year. From policy discussions ranging from management of commercial aviation and space launch airspace, to small satellite encryption and deorbit insurance and commercial opportunities aboard the iss and future gateway. We even convened a roundtable with a commandant of the u. S. Coast guard regarding the need of greater use of spaceenabled surveillance of the arctic waterways. Suffice to say the chambers procurement and Space Industry Council has an everexpanding set of policy pursuits. Fortunately, we have an enthusiastic space industry ceo here at the chamber. After last years summit tom donahue bro an articwrote an ar which i will quote. He wrote, harnessing the economic
Boise, potato ships . No, computer chips welcome to squawk alley. I am jon fortt with me at post nine, Morgan Brennan and david faber. Carl quintanilla hat morning off. Another busy morning in washington the house of representatives has another big vote on the trade front, expecting to pass usmca, the replacement for nafta, on the heels of approving two articles of impeachment against President Trump last night Kayla Tausche joins us with more reporter the vote will be a stark contrast to the Party Line Vote on impeachment. On the house floor on capitol hill, two hours of debate is beginning that will tee up a vote that white house officials expect to be a landslide bipartisan vote, thanks largely because of provisions folded in to win over House Democrats by Bob Lighthizer last hour on cnbc, the treasury secretary said it should be seen as a win for the economy, not a win for House Speaker nancy pelosi were going to get in excess of 50 basis points of additional growth in gdp as a res
Hour dow down by about 40 points, nasdaq up about four points. Watching the treasury market, youll see the yield for the 10year is at 1. 875 we have a big dip in the bri british pound. It fell more than 1 the government is looking to make it illegal to extended post brexit exit period theyll have to the end of 2020 for the transition period. Thats the time the eu will continue to apply if still a member Boris Johnson wants to cap that period to just one year to help fast track a trade deal with the eu looking past you phil to phyllis here boeing is down five, so it is flat again yesterday, we would have been up a lot more boeg is suspending production. Boeing plans to reassign workers and doesnt expect furloughs or layoffs but it will have ripple affects and impact thousands of jobs over a ripple across the supply chain it is not going to hike. Phil is on set with us it is better they can save some money. I cant believe you could build four of those in a month, which tells you the size
Brent at a threemonth high, gold at 15. 12. The year end rally, the s p biggest yearly return in seven and nearing its best gains in more than 20 years. Plus ecommerce sales hitting a record, amazon saying billions of items ordered world wide. Boeing still on watch, new documents revealing whats being called quote very disturbing revelations. As 2019 heads into the home stretch, all three major indies says are on track for a fourth straight month of gains. They have surged as last months selloff we remember december 26 when everything rallied 5 . We were bottoming that horrible Christmas Eve when we had first concerns about a tariff war increasing. Then we had the Federal Reserve raising rates on the 19th. That created a cascade, four down days in a row culminating in the down day on the 27th, on the 24th and turn around today. Meanwhile, the year, if you look at the percentage of up days, almost 54 , which is i think only the folks said only five years since 1928 have you had a more c
Return of the mac. Apple introduces its 16 inch macbook pro. Starting at 2400. We will rate its function and design. First, to our top story, its all about disney. They signed up 10 million customers in one day of launching their new streaming video platform. Disney plus just became available yesterday in the u. S. And canada. The strong initial interest could lead disney to hit its target at 60 million to 90 Million Worldwide subscribers for its new Service Two Years ahead of the original 2024 goal. To discuss, we are joined by chris palmeri. With the stock trading at a record high, how much more was 10 million than what we expected . Chris a lot more. Hbs now, cbs all access, espn plus, the World Wrestling network, a lot of these guys have been in business for a few years and none of them have hit 10 million. Disney did it in a day. Its an incredible feat. Thats why you are seeing a record high. Going back to 1974, this is peak disney. Taylor we could say that all the technical glitc